Jassi inherited 12000.00. She invested part of it
at 10% and the rest at 12% p.a. simple interest. Her
annual income from these investments is 1280.00.
How much did she invest at each rate.
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Answered by
4
Answer:
Total money = 12000Rs.
First investment =x Rs.
Second investment = (12000-x)Rs.
10
X
First income X X = 12 100 10 Second income = (12000 - x) 100
10x 12
So + (12000 - x) = 1280 100 100
⇒ 10x + 144000 - 12x 128000
144000 - 128000 = 2x
16000
2 = 8000
12000 x = 4000
Investments are 8000 & 4000 Rs.
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